When there’s a number of market makers (4) on the Ask like there was the last few hours today… depending on the trade size will determine which mm will pick up the order. Last hour or so small trades were 11.05, 25k 11.215 and over 30k 11.29
I think this was the week when Lvcg appeared back on many peoples radar with our constant blue days. Lvcg has been dismissed and often laughed at by many. People are now finally taking notice of the potential here. Early days and a long way to go… but it’s a good start.
All the selling at this level was nailed on to happen. They can only sell them once, it’s just an opportunity to add if you believe we are going to be higher in the coming weeks and months.
Generally I think the free float is quite small. The board plus Miton/Monecor hold around 50%. There are a lot of big holders in the millions and plenty added in the 3s up to 5p so there isn’t as many shares around as people might think.
Looks like market is slowly joining the dots here now and can see the potential profits that kpop can bring backed up by the drip feed profits from BrickLive.
RE: Kpop - pop sensation in £90M in 3 days!!!25 Mar 2022 11:54
Once the markets sees the actual generated revenues and profits after the Frankfurt event people will really sit up and take notice of LVCG. DC in the last webinar mentioned another concert this year possibly two and outlined 2023 would have 3 possibly 4. That is big big money and will send the share price stratospheric and many many times more dwarfing the current market cap. This is the ground floor plain and simple... then there's the other profitable parts of the business!
Good to see another positive day and more and more sellers absorbed. Wonder how long it'll take to get into the 6's? Would be great if we were high 5's or 6s before the Streaming news arrives to bring in hopefully more investors that see what is going to happen here. The revenues Kpop can bring will make the market cap look ridiculously cheap.